We are extremely conscientious regarding fiduciary details.
As rental managers it is our duty to keep close track on every penny of income and each expense. Our staff work relentlessly to make sure that each rental investor has the tools and paperwork to see exactly where is income is going to and coming from. To accomplish this duty we employ one of the most powerful software tools in the management business: Rent Manager.
It is our practice to process and deposit rents on the same day they are received. Rents are deposited into an escrow account (not into our operating account). We prepare a monthly statement that shows the rental income as well as any expenses that we have paid on the real estate investor's behalf. The monthly statement is also available electronically. The statement will show what monies we are holding on behalf of the landlord.
There is no additional charge for the reports or the accounting. Not to mention, Nesbitt Realty never marks up the repairs, nor do we charge a fee per repair. At the end of the year, we compile the monthly reports into a year-end report. In January we send to the rental investors, and to the IRS, a 1099 stating the income for the rental property. Use the 1099 to prepare your taxes or simply give the 1099 to your tax preparer.
Long_Branch_Park Rental Management Resources
Basics
Basic info regarding management services in Long_Branch_Park.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a great tenant in Long_Branch_Park fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A breakdown of prices of rental management services in Long_Branch_Park
Vetting
How Nesbitt Realty vets renters for our clients.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rentals?
Clients
Who uses Nesbitt Realty management services?
Your investment in real estate is a business like any other. As a landlord, you have expenses, income and with perseverance, you also have the expectation of financial reward.
In the business of real estate investment, nearly all cashflow comes from tenants. And that's the catch: If you have tenants, you will have problems. Even the best of tenants have needs and all properties will require maintenance or management at some point. A property management company takes all the hassle out of rental management.
Do you want understand more about our community?
Our Guide to Real Estate is a helpful tool for anyone who wants to investigate real estate facts about Long_Branch_Park and neighboring communities. The Guide to Real Estate provides data regarding what has sold and what is for sale, as well as many interesting facts that you may not know. Furthermore, our Guide highlights many of the benefits of residing in Long_Branch_Park. As might be expected, all of this is useful for purchasers and sellers, but property owners and tenants will likely also find this data to be very useful.